Mashable - A New Zealand court has granted bail to Kim Dotcom, the founder of file-sharing site Megaupload. Dotcom, born Kim Schmitz, was arrested last month on many charges stemming from the operation of Megaupload, which was shut down by legal authorities (including the FBI) for encouraging piracy.
According to New Zealand's 3News, a district court judge Nevin Dawson said Dotcom wasn't a flight risk and had "every reason to stay" in the country. Prosecutors pointed out that Dotcom was a wealthy man with the resources to escape the country. However, authorities froze Dotcom's assets and seized his multiple passports when he was arrested, and the judge said the assumption was off base.